Which of the Following Is Included in GDP

question 11

Multiple Choice

Which of the following is included in GDP?

• A)the market value of rental housing services,but not the market value of owner-occupied housing services.
• B)the market value of owner-occupied housing services,but not the market value of rental housing services
• C)both the market value of rental housing services and the market value of owner-occupied housing services
• D)neither the market value of owner-occupied housing services nor the market value of rental housing services.

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Definitions:

Entry Strategy

A planned method of delivering goods or services to a new target market and distributing them there.

Risky Business

Activities or ventures that involve a high degree of uncertainty and potential for financial loss, but also an opportunity for significant rewards.

International Marketing

The practice of marketing goods or services beyond domestic borders, taking into consideration the diverse conditions of global markets.

Strategic Alliance

A partnership between two or more companies to pursue a set of agreed upon objectives while remaining independent organizations.